Austria: Struggling to Keep up with Economic Growth and Competitiveness

Politics ♦ Published: October 1, 2013; 15:30 ♦ (Vindobona)

IV demands overhaul of funding policy by the government so that Austria will improve in international competitiveness.

Austria: Struggling to Keep up with Economic Growth and Competitiveness / Picture: © Vindobona.org

The EU Commission has issued a good report about the business location Austria last week. According to the latest EU Competition report 2013, Austria ranks ninth among 28 member states. The leaders in the ranking are Sweden, followed by Germany and Denmark. In the report preseted on Wednesday last week, the EU Commission gave praise to Austria in regard to the labor productivity, which…

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